AR118-WEB - Introduction to Cost Segregation
Category: Appraisal Review & Management
Continuing Education: 2
Registration
Please see the "Upcoming Classes" tab for class offerings and registration information.
Webinar Course Description
Cost segregation is a tax strategy that provides
taxpayers long term benefits and immediate increases to cash flows through real
estate and property analysis. While cost segregation is a tax-specific analysis,
appraisers have skills that can be leveraged to provide a value-add to their
clients. This webinar is designed as a introduction to cost segregation for
appraisers, and is intended to provide a high-level overview of this practice
area. We will review the history of cost segregation, recent trends, prospect
identification, key components of a quality study, and other topics. We will conclude with a case study to show the application of cost segregation in practice.
Recommended Pre-Reading
https://www.andersentax.com/publications/newsletter/Q1-2018/cost-segregation-benefits-from-the-recent-tax-reform-act
https://www.irs.gov/businesses/cost-segregation-audit-techniques-guide-table-of-contents
Course Audience
MTS, ARM, BV or any appraiser interested in expanding their skillset to a new practice area in which to provide value to existing or prospective clients.
Instructor Information
Matthew Dianich, ASA | Director | Andersen Tax
Matthew Dianich leads the cost segregation practice at Andersen Tax, having
over 10 years of experience conducting and managing studies across a wide array
of industries. Additionally, Matthew provides valuations of fixed assets,
inventory, and machinery and equipment for tax planning and financial reporting
purposes, as well as tax consulting services including research and development
credits, fixed asset reviews, and repairs and maintenance studies. Matthew
is a Member of the American Society of Cost Segregation Professionals (ASCSP),
and is part of the ASCSP's Technical Standards Committee. Matthew also
holds an ASA designation in Machinery & Technical Specialties from the
American Society of Appraisers.
No prerequisites for this course.
Agenda
The following topics are covered in this course:
- History of cost segregation
- Legal history and framework
- IRS requirements
- Key benefits and typical benefactors
- Types of reclassified property, and how to estimate value
- Report format
- Case study
- Open discussion/questions
Learning Outcomes
Upon completion of this course,students will be able to:
- Describe cost segregation scope, application, and
methodology;
- Identify opportunities within existing client bases as well as prospects;
- Understand the benefits and how to communicate them; and
- Discuss the tax law framework allowing for cost
segregation.